NOT LISTED FOR SALE

509 129th Ave E Madeira Beach, FL 33708

2 Beds
2 Baths
2,082 Sq Ft
6,312 Sq Ft Lot

Last Sold October 31, 2019

Last sale price $496,000 $238 Per Sq Ft

61 Days on Market

Highlights

  • 50 Feet of Waterfront
  • White Water Ocean Views
  • No HOA
  • Orange Grove Elementary School Rated A
  • Access to Bay or Harbor
  • Cooling System Mounted To A Wall/Window

About This Home

As of October 2019

Welcome to this Madeira Beach triplex ideally located just steps from John's Pass Village and Boardwalk. Priced BELOW appraised value, this property is ready to go with instant income with long-term, loyal tenants already in place. It is located on a deep water canal with views and access to Boca Ciega Bay and the Gulf of Mexico featuring a recently improved wooden deck. This triplex features a one bedroom, one bathroom unit at 450 square feet, a one bedroom, one bathroom unit at 559 square feet and a two bedroom, one and a half bathroom unit at 1114 square feet. Roof recently replaced in 2015 and new exterior paint. Zoned R2 - 3 month minimum lease length. Walk to John's Pass Village and Boardwalk and enjoy everything it has to offer including restaurants, breweries, nightlife and more.

Last Agent to Sell the Property

Debby Wertz

COMPASS FLORIDA LLC License #696697 Listed on: 07/15/2019

COMPASS FLORIDA LLC

Co-Listed By

David Wertz

COMPASS FLORIDA LLC License #3310525

Last Buyer's Agent

Debby Wertz

COMPASS FLORIDA LLC License #696697 Listed on: 07/15/2019

COMPASS FLORIDA LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,126

Year Built

  • Built in 1963

Lot Details

  • 6,312 Sq Ft Lot
  • Lot Dimensions are 127.5x50
  • 50 Feet of Waterfront
  • Property fronts a saltwater canal

Property Views

  • White Water Ocean
  • Canal

Home Design

  • 2,082 Sq Ft Home
  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Outdoor Features

  • Access to Bay or Harbor
  • Access to Saltwater Canal
  • Dock made with Composite Material

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Williams Bill Madeira Harbor Sub 3Rd Add Subdivision

Building Details

  • Gross Income $33,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,126

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2082
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 1963
  • Lot Size Sq Ft: 6312
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3186678?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3186678?w=Customer
  • Unit Count: 3
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.9271
  • Price per Sq Ft: 238.23
  • Close to Original List Price Ratio: 0.90182
  • View: Yes
  • Co List Office Mls Id: 639512
  • Co List Office Phone: 813-977-3500
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Foundation Details: Slab
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: Boca Ciega Bay
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Canal
  • Water Access: Bay/Harbor, Canal - Saltwater
  • Water Extras: Dock - Composite
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12103C0191G
  • Waterfront Frontage: 50
  • Water Frontage Feet Canal Salt: 50

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Parcel Number: 15-31-15-97866-002-0060
  • Additional Parcels: No
  • Lot Dimensions: 127.5x50
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-09-03
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Gross Income: 33000
  • Number Of Units Total: 3
  • Waterfront Features: Canal - Saltwater

Tax Info

  • Tax Annual Amount: 6126
  • Tax Block: 2
  • Tax Book Number: 32-7
  • Tax Lot: 6

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2019 10/31/19 Sold $496,000 -7.3% $238 / Sq Ft
09/14/2019 09/14/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $535,000 0.0% $257 / Sq Ft
09/01/2019 09/01/19 Pending -- -- --
08/14/2019 08/14/19 Price Changed $535,000 -2.7% $257 / Sq Ft
07/15/2019 07/15/19 For Sale $550,000 0.0% $264 / Sq Ft
08/27/2018 08/27/18 Rented $1,500 0.0% --
08/22/2018 08/22/18 Under Contract -- -- --
08/07/2018 08/07/18 For Rent $1,500 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Debby Wertz

    Seller's Agent in 2019

    Debby Wertz

    COMPASS FLORIDA LLC

    (813) 220-4000

    147 Total Sales

    Debby Wertz
    Section Image
  • David Wertz

    Seller Co-Listing Agent in 2019

    David Wertz

    COMPASS FLORIDA LLC

    (813) 951-6151

    61 Total Sales

    David Wertz
    Section Image

  • J

    Seller's Agent in 2018

    Janet Brooks

    Section Image
  • Dave Lewis

    Buyer's Agent in 2018

    Dave Lewis

    CHARLES RUTENBERG REALTY INC

    (727) 278-4761

    11 in this area

    30 Total Sales

    Dave Lewis
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: T3186678

Stellar MLS
Florida Pinellas County Madeira Beach 33708

509 129th Ave E, Madeira Beach, FL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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